Employer Shared Responsibility
On Feb.10, 2014, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued final regulations implementing the employer responsibility provisions of the Affordable Care Act (ACA) that take effect in 2015 under section 4980H of the Internal Revenue Code.
Highlights of the final rules include addressing a number of questions about how plans can comply with the employer shared responsibility provisions; ensuring that volunteers such as firefighters and emergency responders do not count as full-time employees; and phasing in provisions for businesses with 50 to 99 full-time employees and those that offer coverage to most but not yet all of their full-time workers.
More information is available at the following links:
Department of the Treasury resources
Employers IRS Large Employers page